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5225 Balsam Street,  Arvada CO, 80002 ( Active )

MLS# 5344380
|
36 beds, 18 baths
Source:REcolorado

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Listing Provided Courtesy Of: KELLER WILLIAMS AVENUES REALTY
Last Updated: 12/6/2016 4:37 AM
Description for 5225 Balsam Street,  Arvada CO, 80002
Fantastic investment, 18 units, each with its own legal description, Great location blocks away from the heart of Old Town Arvada, each unit is townhome style with legals referring them to condos(so technically condos), Each unit has Open area from kitchen to living room with bedrooms and bathroom upstairs with fenced patio areas off the kitchen/eating space area, the 12 newer units have washer and dryer hookups, 6 older units HOA is $215 per unit includes heat, 12 newer units HOA is $130 per unit doesn't include heat these units have furnace and water heater, great income potential, all units have refrigerators, stoves and dishwashers, rents are $300 low on average, several units have been updated, this is a great investment opportunity. Must have contract in place prior to viewing properties
Price
$3,000,000
Old Town Arvada
Jefferson
36
18
13,860 (approx)
5344380
Active
Description
Fantastic investment, 18 units, each with its own legal description, Great location blocks away from the heart of Old Town Arvada, each unit is townhome style with legals referring them to condos(so technically condos), Each unit has Open area from kitchen to living room with bedrooms and bathroom upstairs with fenced patio areas off the kitchen/eating space area, the 12 newer units have washer and dryer hookups, 6 older units HOA is $215 per unit includes heat, 12 newer units HOA is $130 per unit doesn't include heat these units have furnace and water heater, great income potential, all units have refrigerators, stoves and dishwashers, rents are $300 low on average, several units have been updated, this is a great investment opportunity. Must have contract in place prior to viewing properties
Listing Information
Property Type: Other
Multi Level 36
18 0.17 Acres
7,672 13,860 (approx) $216.45
1980 Brick
Old Town Arvada
13,860 Sq. Ft. (approx)
Separate Meters
Individual Electric Meters, Common Gas Meters, Separate Gas Meter
18 Total
Neighborhood
School Information
District: Jefferson R-1
LAWRENCE ARVADA K-8 ARVADA
Room Information
Hookups in Unit, Shared Laundry in Building, Coin Laundry
Interior Features
Dishwasher, Disposal, Range-Oven
Laminate, Carpet
Air Cond. Unit
Gas Heat, Hot Water, Forced Air
No Basement
Updated, Window Coverings
Exterior / Lot Features
1 Parking Spaces, Assigned Parking Space, Guest Parking
Brick
Mountain, City
Residential
Fenced (any type)
Corner
Financial Considerations
$159 Monthly
163512
$13,040
2015
Listing Price History

Arvada Real Estate

Arvada is located in Colorado. Arvada, Colorado 80002 has a population of 106,965.

The median household income in Arvada, Colorado 80002 is $68,017. The median household income for the surrounding county is $68,748 compared to the national median of $53,046. The median age of people living in Arvada 80002 is 40.2 years.

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Courtesy: KELLER WILLIAMS AVENUES REALTY
Copyright © 2016 REcolorado. All rights reserved. Information is deemed reliable but is not guaranteed.

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